Article 126 of the Treaty on the Functioning of the European Union
E625506
Article 126 of the Treaty on the Functioning of the European Union is the core EU treaty provision that sets out the rules and mechanisms for monitoring and correcting Member States’ budgetary discipline, including the framework for addressing excessive government deficits.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Article 126 TFEU on excessive deficits | 1 |
| Article 126 of the Treaty on the Functioning of the European Union canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T6878790 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Article 126 of the Treaty on the Functioning of the European Union Context triple: [excessive deficit procedure, hasLegalBasisIn, Article 126 of the Treaty on the Functioning of the European Union]
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A.
Article 152 of the EC Treaty
Article 152 of the EC Treaty is a provision of European Union primary law that establishes the EU’s role and powers in protecting public health and setting high health standards across member states.
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B.
Article 38 of the Treaty on European Union
Article 38 of the Treaty on European Union is a provision that defines the role, powers, and responsibilities of the High Representative in conducting the European Union’s common foreign and security policy.
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C.
Treaty on the Functioning of the European Union
The Treaty on the Functioning of the European Union is one of the EU’s primary founding treaties, setting out its institutional framework, policy competences, and detailed rules governing the functioning of the Union’s internal market and other key areas.
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D.
Charter of Fundamental Rights of the European Union
The Charter of Fundamental Rights of the European Union is a binding EU document that enshrines a broad range of civil, political, economic, and social rights for individuals within the Union.
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E.
Council Regulation (EU) No 1024/2013
Council Regulation (EU) No 1024/2013 is the EU law that established and governs the Single Supervisory Mechanism, granting the European Central Bank key powers to oversee significant banks in the euro area.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Article 126 of the Treaty on the Functioning of the European Union Target entity description: Article 126 of the Treaty on the Functioning of the European Union is the core EU treaty provision that sets out the rules and mechanisms for monitoring and correcting Member States’ budgetary discipline, including the framework for addressing excessive government deficits.
-
A.
Article 152 of the EC Treaty
Article 152 of the EC Treaty is a provision of European Union primary law that establishes the EU’s role and powers in protecting public health and setting high health standards across member states.
-
B.
Article 38 of the Treaty on European Union
Article 38 of the Treaty on European Union is a provision that defines the role, powers, and responsibilities of the High Representative in conducting the European Union’s common foreign and security policy.
-
C.
Treaty on the Functioning of the European Union
The Treaty on the Functioning of the European Union is one of the EU’s primary founding treaties, setting out its institutional framework, policy competences, and detailed rules governing the functioning of the Union’s internal market and other key areas.
-
D.
Charter of Fundamental Rights of the European Union
The Charter of Fundamental Rights of the European Union is a binding EU document that enshrines a broad range of civil, political, economic, and social rights for individuals within the Union.
-
E.
Council Regulation (EU) No 1024/2013
Council Regulation (EU) No 1024/2013 is the EU law that established and governs the Single Supervisory Mechanism, granting the European Central Bank key powers to oversee significant banks in the euro area.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
provision of EU primary law
ⓘ
treaty article ⓘ |
| aimsTo |
ensure sound public finances in the European Union
ⓘ
prevent negative spillovers from excessive deficits in one Member State to others ⓘ |
| appliesTo | Member States of the European Union ⓘ |
| consultedBody |
Economic and Financial Committee
ⓘ
European Parliament ⓘ |
| decisionMakingBody | Council of the European Union ⓘ |
| defines |
criteria for determining the existence of an excessive deficit
ⓘ
role of the Council of the European Union in excessive deficit procedure ⓘ role of the European Commission in monitoring budgetary discipline ⓘ |
| enteredIntoForceWith | Treaty of Lisbon ⓘ |
| establishes |
excessive deficit procedure
ⓘ
procedure for avoiding excessive government deficits ⓘ |
| excludesFromVoting | Member State concerned by the excessive deficit decision ⓘ |
| historicalPredecessor | Article 104 of the Treaty establishing the European Community ⓘ |
| implementedBy |
Protocol No 12 on the excessive deficit procedure
ⓘ
secondary EU legislation on budgetary surveillance ⓘ |
| legalBasisFor |
Stability and Growth Pact enforcement mechanisms
ⓘ
budgetary surveillance in the euro area ⓘ |
| legalSystem |
European Union law
ⓘ
linked to:
European Union legal order
|
| partOf | Treaty on the Functioning of the European Union ⓘ |
| policyArea |
economic governance
ⓘ
fiscal policy coordination ⓘ |
| procedureStep |
Commission addresses an opinion to the Member State concerned
ⓘ
Commission examines compliance with budgetary discipline on the basis of reference values ⓘ Commission monitors development of budgetary situation and stock of government debt in Member States ⓘ Commission prepares a report if a Member State does not fulfil the requirements for budgetary discipline ⓘ Council addresses recommendations to the Member State with a view to bringing the situation to an end ⓘ Council decides, on a recommendation from the Commission, whether an excessive deficit exists ⓘ Council may decide to apply sanctions to the Member State concerned ⓘ Council may give notice to the Member State to take specific measures for deficit reduction ⓘ Council may make its recommendations public if the Member State does not act effectively ⓘ Council may require the Member State to submit reports to examine adjustment efforts ⓘ Economic and Financial Committee delivers an opinion on the Commission report ⓘ |
| proposalOrRecommendationBy | European Commission ⓘ |
| providesFor |
abrogation of decisions and recommendations when excessive deficit has been corrected
ⓘ
progressive intensification of measures and sanctions ⓘ |
| refersTo | reference values for government deficit and debt ⓘ |
| relatedTo |
Article 121 of the Treaty on the Functioning of the European Union
ⓘ
Protocol No 12 on the excessive deficit procedure ⓘ |
| sanctionsMayInclude |
fines
ⓘ
non‑interest‑bearing deposits ⓘ |
| shortName | Article 126 TFEU ⓘ |
| subjectMatter |
budgetary discipline of EU Member States
ⓘ
economic and monetary union fiscal rules ⓘ excessive government deficits ⓘ |
| votingRule | qualified majority in the Council ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Article 126 of the Treaty on the Functioning of the European Union Description of subject: Article 126 of the Treaty on the Functioning of the European Union is the core EU treaty provision that sets out the rules and mechanisms for monitoring and correcting Member States’ budgetary discipline, including the framework for addressing excessive government deficits.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
excessive deficit procedure
→
hasLegalBasisIn
→
Article 126 of the Treaty on the Functioning of the European Union
ⓘ
linked to: Article 126 of the Treaty on the Functioning of the European Union